Full text of G.13 Selected Interest Rates : December 8, 1964

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL

>

iG. 13
Average of daily figures 1/

Xu
^ F e d e r a l Funds (Effective Rate). . . .

statistical

RESERVE

OPEN MARKET MONEY RATES AND BOND PRICES
Weekly
Nov. 21
Oct. 31
Nov. 7
Nov. 14
3.50
3.50
3.46
3.59

release

Nov. 28
3.34

Monthly
Oct. 1964
3.36

3.75

4,00
3.88
3.75

4.00
3.88
3.75

4.06
3.88
3.88

4.00
3.91
3. 75

4.50

4.50

4.50

4.50

4.50

4.50

Discount rate (Federal Reserve Bank of New York)

3.50

3.50

3.50

3.50

**4.00

Yields on U. S. Government securities
Auction average:
3-month bills
6-month bills

3.567
3.724

3.562
3.718

3.574
3.742

3.600
3.772

3. 758
3.942

3.575
3. 729

3.56
3. 71
3.77

3.56
3.72
3.79

3.58
3.74
3.79

3. 61
3.78
3.80

3.78
3.96
4.00

3.57
3.72
3.79

Jferket yield:
^^•)ther taxable issues, 9 to 12 months.
Taxable issues, 3 to 5 years. . . . .
Bonds--Long-term, taxable 2/

3.82
4.03
4.15

3.82
4.02
4.12

3.82
4.00
4.11

3.83
4.02
4.11

4.00
4.11
4.15

3.83
4.04
4.16

Price of long-term Treasury bonds 3/. . .

84.53

84.82

85.00

84.97

84.51

84.37

-^Commercial paper (prime, 4 to 6 mos.)
FjgKice paper placed directly (3 to 6
fiHers1 acceptances (prime, 90 days)

4.00
3.91
3.75

Prime Loan Rate (Leading City Banks)

4.50

Stock Exchange Call Loans—Going Rate

Bank discount rate:*
3-month bills . . .
6-month bills . . .
One-year bills. . .

4.00

3.88

Average yield on corporate bonds (Moody's)
4.44
4.42
Aaa
••
4.43
4,43
4.43
4.82
4.80
4.81
4.81
Baa
4.80
,09
3.10
3.11
State and local Government, Aaa (Moody y s)
3,05
3t Q7
]J Average of daily figures except state and local Government, which are based on Thursday figures,
2/ Includes all bonds maturing or callable in 10 years or more.
3/ Prices derived from average market yields on basis of an assumed 3 per cent, 20-year bond.
* Series formerly shown as "Market yield."
** Effective November 23, 1964.
c Corrected.
r Revised.
GOVERNMENT FINANCE SECTION, FEDERAL RESERVE BOARD



4.42
4.81
3,11

December 8, 1964